Should you buy upstairs or downstairs?
One of the big considerations when buying a flat is whether you are going to buy upstairs or downstairs.
It is not only about having a good view, it is also about price. Indeed, generally flats positioned on the upper levels of a residence are more expensive, being not only more attractive for investors and owners, but also for tenants.
Ground floor flat: the pros
- Yard or garden
The main advantage of ground level flats is that they often include courtyard, terrace or garden areas, which are much larger than balconies. Especially if they are well positioned, they offer additional living space...during the summer months of course. - Lack of stairs
The ground floor flats make it easier for the elderly or people with reduced mobility to get in. Moreover, in a residence without a lift, the advantage makes sense. - No neighbours below
No need to worry about disturbing downstairs neighbours, especially if you have children.
Ground floor flat: the cons
- Privacy / security concerns
This is particularly true in city centre areas, where a high proportion of the population are single women, and tenants. For them, safety is a major concern. - Noise and disturbance
The ground floor can be very noisy due to other residents passing through the entrance hall and vehicle traffic. - Upstairs neighbours
Noise from the flats above can be a major concern for buyers and tenants.
First floor flat: the pros
- Improvement of the view
The view attracts more buyers when selling, especially in cities and near water. - More security and privacy
The upstairs flats are located further away from the street and usually have windows that are not accessible. - More natural light
This is important in the city centre, where daylight is sometimes overshadowed by tall buildings.
First floor flat: the cons
- Less attractive for pensioners
For areas with a large population of elderly people, stairs are a major concern. Investing in a first floor flat without a lift may be less attractive for landlords. - Too hot
Depending on the orientation of the flat, properties on the top floor can sometimes be too hot in summer.
Finally up or down? There is no right or wrong answer. It will depend on the location, your buyer profile (landlord or not) and your taste! Find our guide to first-time buyers to ensure that you take everything into account for the rest of your project.
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Read the analysisWritten by
atHome
Posted on
23 February 2017